There are a few stablecoin in the market, out of them whole ch one is better one? I want to liquidate some of coins and keep them with stablecoin for few months. I know little about USDT.
It depends what you are trying to use the stable coin for, USDT is fully centralized and the team behind this stable coin takes no nonsense with their project, you can't use USDT for any illegal activities or fundings or else your fund will be freezed, if you are clean like myself then you have nothing to worry about, USDT is the most reliable and well built stable coin in crypto space today. 
Topic: Best stablecoin to use (Read 169 times)
it's okay if you know little about Usdt but for your information , Usdt is the most popular stable coin but I don't wanna say it's the best because it was only a stable coin and features of a stable coin don't differ to much to the other stable coin names .
We also have an upcoming new stable coin and that was from Facebook , it's called Libra coin and it's going to live next year .
This stable coin can be good competitor to Usdt because it was back by a big platform .
We also have an upcoming new stable coin and that was from Facebook , it's called Libra coin and it's going to live next year .
This stable coin can be good competitor to Usdt because it was back by a big platform .
There are a few stablecoin in the market, out of them whole ch one is better one? I want to liquidate some of coins and keep them with stablecoin for few months. I know little about USDT.
USDT Right now can be considered as one of the best, I see this from the usage and also from the popularity of USDT is still favored by many people in crypto. seen on exchanges a lot of tokens that convert to USDT. this is something interesting for now.
USDT is indeed more secure and stable and there is no other stablecoin besides USDT that can be accepted anywhere,
even in every exchange where USDT is always there, even we are not too worried about its decline, because USDT and
USD have a value of 1: 1, which makes their value constant.
even in every exchange where USDT is always there, even we are not too worried about its decline, because USDT and
USD have a value of 1: 1, which makes their value constant.
In my opinion, USDT is a stablecoin whose value is pegged to the US dollar. USDT present to protect its users from the high volatility of the cryptocurrency space. USDT has also made it into the top 3 cryptocurrencies with the most market capitalization.
I think the most known is the USDT but I read an article that it might not be safe to hold the USDT for a long time for what reason but I think you are not going to hold it for long time right? well I think the USDT is the good option for you.
There are a few stablecoin in the market, out of them whole ch one is better one? I want to liquidate some of coins and keep them with stablecoin for few months. I know little about USDT.
I do not know the best amongst stable coin; but i use usdt; i find it very convenient and easy to use; and now with every exchange platform now allowing deposits of usdt (trc20) it has made it all simpler and easy and also cheap to move around. Just make sure you keep your stable coin in a reliable storage system.
I will be different from the others: I don't trust USDT. It's OK for very short term, but that's all.
Also the fact USDT is accepted by most exchanges may not help much; there's quite likely OP will go back to the same exchange.
So I advise OP check what stable coins his current exchange works with, maybe even one backed by that exchange. Also there are other types of stable coins OP may find interesting, for example those tied to Gold price; but of course, he will have to find a honest one (so even more research to be made).
Also the fact USDT is accepted by most exchanges may not help much; there's quite likely OP will go back to the same exchange.
So I advise OP check what stable coins his current exchange works with, maybe even one backed by that exchange. Also there are other types of stable coins OP may find interesting, for example those tied to Gold price; but of course, he will have to find a honest one (so even more research to be made).
There are a few stablecoin in the market, out of them whole ch one is better one? I want to liquidate some of coins and keep them with stablecoin for few months. I know little about USDT.
for now tether (USDT) is still the best stablecoin. because they are supported by almost all crypto markets. You can use it, but keep in mind that there are cases that tether users are frozen for no definite reason and their funds are held indefinitely. So always be aware, because Tether is not completely decentralized.
The best stable coin is USDT, every single crypto exchanges have this stable coin pegged with other top coins for trading on their platform because it's the best, USDT has the highest marketcap and it's well supported too, it's available on more than one blockchain right now, no other stable coins comes this close
There are a few stablecoin in the market, out of them whole ch one is better one? I want to liquidate some of coins and keep them with stablecoin for few months. I know little about USDT.
I think a good stable coin is USDT, because I also use USDT to store my money in cryptocurrency to keep its value stable if not trading and the volume of USDT in the market is also very high, so this makes it easier for us to sell or buy USDT and besides that USDT is also in the top 5 coinmarketcap (makes us safer to store USDT as a stable coin).
Here are some best stable coin to use:
1• Bitcoin: ~
2• Ethereum: ~
3• BNB: ~
1• Bitcoin: ~
2• Ethereum: ~
3• BNB: ~
No, bitcoin, ethereum, and BNB are not stable coins, because their prices are very volatile.
Stable coins value pegged on fiat currency, it's offering price stability and usually backed by a reserve asset such as the US dollar or other valuable assets.
There is a reason why USDT has a marketcap close to $20 Billion, it is the best, the first and the most liquid Stable coin in the space, people need to forget the FUD, if USDT goes down the whole space would go down with it and I don't see that happening, You can look into BUSD, USDC and DAI if you are the Decentralised everything fan
Here are some best stable coin to use:
1• Bitcoin: During the pandemic where many cryptocurrencies where reducing in the exchange market, which was giving bitcoin a steady and stable pumping through out the pandemic. Bitcoin is still rising in the market that is making their investors keep smiling in the market base on the profit they are experiencing every day in the market.
2• Ethereum: According to some researcher, Ethereum is about to rise to help their investors to make a good profit from their business, since it could not rise well during the pandemic that caused altcoin to reduce in the exchange market. Ethereum is coming with full speed pumping for many investors to earn well to have enough to celebrate the Christmas and new year.
3• BNB: Despite the BNB was reducing during the pandemic which was making many customers worry about BNB not stable as before, that make many investors to join the investment. BNB is improving in the exchange market that will help many trader to feel the stable in the market soon.
1• Bitcoin: During the pandemic where many cryptocurrencies where reducing in the exchange market, which was giving bitcoin a steady and stable pumping through out the pandemic. Bitcoin is still rising in the market that is making their investors keep smiling in the market base on the profit they are experiencing every day in the market.
2• Ethereum: According to some researcher, Ethereum is about to rise to help their investors to make a good profit from their business, since it could not rise well during the pandemic that caused altcoin to reduce in the exchange market. Ethereum is coming with full speed pumping for many investors to earn well to have enough to celebrate the Christmas and new year.
3• BNB: Despite the BNB was reducing during the pandemic which was making many customers worry about BNB not stable as before, that make many investors to join the investment. BNB is improving in the exchange market that will help many trader to feel the stable in the market soon.
There are a few stablecoin in the market, out of them whole ch one is better one? I want to liquidate some of coins and keep them with stablecoin for few months. I know little about USDT.
If you know a little about USDT then you should know that it's the biggest and most popular stable coin because no other stable coins comes close to USDT performance, it has the highest volumes among all other stable coins, the only thing you may dislike about USDT is centralization
USDT probably the most famous among stable coins that have the biggest volume and the most phenomenal due to lawsuits against them. If you trust them and don't mind the lawsuits, feel free to hold it.
Nonetheless, USDC and BUSD are good stable coins as well backed by Coinbase and Binance, these two exchanges are better than Bitfinex in my opinion, so I prefer to buy BUSD because Binance is the best exchanges out there.
Nonetheless, USDC and BUSD are good stable coins as well backed by Coinbase and Binance, these two exchanges are better than Bitfinex in my opinion, so I prefer to buy BUSD because Binance is the best exchanges out there.
There are a few stablecoin in the market, out of them whole ch one is better one? I want to liquidate some of coins and keep them with stablecoin for few months. I know little about USDT.
Probably USDT since it is being used by majority of centralized and even decentralized platform. But for me the best alternative is busd of binance. If you are using this exchange, then busd is the best stablecoin since you don't incur fees using this pair on every coins. Having no fee on trades is benefiting their cause right? That's a convenient way to use a stablecoin. Only a suggestion since I'm using busd, but it's your preference anyway. Not sure about other new ones but definitely there are some advantages too that we ought to know. 
For me actually also USDT.
Because I can easily exchange it between several protocols. Whereby I clearly prefer the Tron network, if possible! There you simply have no transaction costs...
Because I can easily exchange it between several protocols. Whereby I clearly prefer the Tron network, if possible! There you simply have no transaction costs...
There are a few stablecoin in the market, out of them whole ch one is better one? I want to liquidate some of coins and keep them with stablecoin for few months. I know little about USDT.
USDT is the best choice, it has some options and you can send it with zero fees when you are using the tron chain. USDT was also getting accepted in so many exchange sites and almost all of exchange sites traded this stable coin. It has also a very big liquidity and you will not feel worry about to liquidate your money. There are so many advantages that being offered by USDT.
Depending on where you are trading, there are a couple of good stable coins. Its best to use USDC rather than USDT because of the issues that it has and the failed audits etc. but it’s the most common though. There is BUSD as well in Binance. There are a lot of coins to choose from.
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